5 Companies Hit 52-Week Highs

Kinder Morgan, Newmont, American Water Works, Altera, Tractor Supply achieve milestones

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May 03, 2016
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According to GuruFocus, these guru stocks have reached their 52-week highs.

Kinder Morgan Energy Partners LP reaches 52-week high of $102.03

Kinder Morgan Energy Partners LPÂ (KMP, Financial) is engaged in pipeline transportation and energy storage in North America. It owns an interest in or operates approximately 52,000 miles of pipelines and 180 terminals. Its pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 (carbon dioxide) and other products, and its terminals store petroleum products, ethanol and chemicals and handle such products as coal, petroleum coke and steel. It is also the producer and transporter of carbon dioxide, for enhanced oil recovery projects in North America. Its operations are conducted through five operating limited partnerships and their subsidiaries and are grouped into five reportable business segments.

The prices of Kinder Morgan shares reached $102.03 Monday, which is 1.1% off the 52-week high of $103.17. Kinder Morgan has a market cap of $47.5 billion; its shares were traded around $102.03. The trailing 12-month dividend yield of Kinder Morgan stocks is 5.42%.

For the first quarter, the company reported that five business segments produced $1.94 billion in segment earnings before DD&A and certain items, up 1% from the first quarter of 2015, primarily driven by increases in the Natural Gas Pipelines and Products Pipelines segments, partially offset by a decline in the CO2 segment.

Newmont Mining Corp. reaches 52-week high of $34.97

Newmont Mining Corp. (NEM, Financial) is engaged in the production of and exploration for gold and copper. The company has assets in the U.S., Australia, Peru, Indonesia, Ghana, New Zealand, Mexico and Suriname. It is engaged in the production of copper, through its Batu Hijau operation in Indonesia and Boddington operation in Australia. On Dec. 31, 2015, the company had probable gold reserves of 98.8 million ounces and an aggregate land position of approximately 31,571 square miles.

The prices of Newmont Mining shares have reached $34.97, which is 0.1% off the 52-week high of $34.99. Newmont Mining has a market cap of $18.55 billion; its shares were traded around $34.97 with a P/E ratio of 194.28 and P/S ratio of 2.32. The trailing 12-month dividend yield of Newmont Mining stocks is 0.29%. The forward dividend yield of Newmont Mining stocks is 0.29%.

For the first quarter, the company achieved adjusted net income of $182 million, or 34 cents per basic share, compared to $229 million, or 46 cents per share, in the prior-year quarter; GAAP net income attributable to shareholders from continuing operations was $78 million, or 15 cents per share, compared to $175 million, or 35 cents per share, in the prior-year quarter.

American Water Works Co. Inc. reaches the 52-week high of $72.76

American Water Works Co. Inc. (AWK, Financial) involves the ownership of subsidiaries that provide water and wastewater utility services to residential, commercial, industrial and other customers, including sale for resale and public authority customers. The company has two operating segments, the Regulated Businesses and the Market-Based Operations.

The prices of American Water Works shares have reached $72.76, which is 0.2% off the 52-week high of $72.88. American Water Works has a market cap of $12.95 billion; its shares were traded around $72.76 with a P/E ratio of 27.67 and P/S ratio of 4.15. The trailing 12-month dividend yield of American Water Works stocks is 1.87%. The forward dividend yield of American Water Works stocks is 1.87%. American Water Works had an annual average earnings growth of 6.40% over the past five years.

In its latest release, the company reported fourth quarter 2015 diluted earnings per share from continuing operations increased 5.8% to 55 cents compared to the fourth quarter 2014.

Meanwhile, 2015 diluted earnings per share from continuing operations increased 10.5% to $2.64 compared to full year 2014. The company also reported 2015 adjusted diluted earnings per share from continuing operations increased 8.6%.

President, AW Enterprises Sharon Cameron sold 4,669 shares of American Water Works stock on March 11 for $68.75 per share. The price of the stock has increased by 5.83% since.

Altera Corp. reaches the 52-week high of $53.96

Altera Corp. (ALTR, Financial) designs and sells programmable logic devices, HardCopy application-specific integrated circuit devices, power system-on-chip devices, predefined design building blocks known as intellectual property cores and associated development tools. Its PLDs, which consist of field-programmable gate arrays, including those referred to as systems-on-chip FPGAs, which incorporate hard embedded processor cores, and complex programmable logic devices.

The prices of Altera shares have reached $53.96, which is 1 cent off the 52-week high of $53.97. Altera has a market cap of $16.34 billion; its shares were traded around $53.96 with a P/E ratio of 49.05 and P/S ratio of 9.51. The trailing 12-month dividend yield of Altera stocks is 1.33%. The forward dividend yield of Altera stocks is 1.33%. Altera had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated Altera the business predictability rank of 3-star.

Altera recently announced third-quarter sales of $399.6 million, down 4% from the second quarter of 2015 and down 20% from the third quarter of 2014. Third quarter net income was $61.5 million, 20 cents per diluted share, compared with net income of $70.3 million, 23 cents per diluted share, in the second quarter of 2015 and $118.0 million, 38 cents per diluted share, in the third quarter of 2014.

Sr VP, Strategy Dan Biran sold 10,750 shares of Altera stock on Nov. 23, 2015, for $52.74 per share. The price of the stock has increased by 2.31% since.

Tractor Supply Co. reaches the 52-week high of $95.59

Tractor Supply Co. (TSCO, Financial) is an operator of retail farm and ranch stores in the U.S. and supplies recreational farmers and ranchers as well as tradesmen and small businesses. The company operates retail stores under the names Tractor Supply Company and Del's Feed & Farm Supply and operate a website under the name TractorSupply.com. The company has one reportable industry segment, being the retail sale of farm and ranch products.

The prices of Tractor Supply shares have reached $95.59, which is 1.7% off the 52-week high of $97.25. Tractor Supply has a market cap of $12.74 billion; its shares were traded around $95.59 with a P/E ratio of 31.02 and P/S ratio of 2.12. The trailing 12-month dividend yield of Tractor Supply stocks is 0.84%. The forward dividend yield of Tractor Supply stocks is 0.85%. Tractor Supply had an annual average earnings growth of 20.50% over the past 10 years. GuruFocus rated Tractor Supply the business predictability rank of 5-star.

The company recently reported 2016 first-quarter net sales increased 10.2% to $1.47 billion from $1.33 billion in the prior year's first quarter. Comparable store sales increased 4.9% compared to a 5.7% increase in the prior-year period. The increase in comparable store sales was driven by an increase in both traffic and ticket, with comparable store transaction count increasing 4.2% and average ticket increasing 0.7%.

EVP General Counsel Benjamin F. Parrish Jr. sold 5,276 shares of Tractor Supply stock on April 21 for $97 per share. The price of the stock has decreased by 1.45% since.